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Wellington City Council Net Surpluses

Chris McCashin made this Official Information request to Wellington City Council

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From: Chris McCashin

Dear Wellington City Council,

I have reviewed the WCC annual reports for the last few years and note the following net surpluses / deficits were posted

2021 - 7,457m surplus
2020 - 15,146 surplus
2019 - 23,867 deficit
2018 - 32,307 surplus
2017 - 31,679 surplus
2016 - 34,106 surplus
2015 - 35.5 surplus
2014 - 27.5m surplus

At a quick glance that is a net surplus of 159,828 m across the last eight years. Despite these surpluses rates go up each year, infrastructure is crumbling, council debt sits at 832m and counting, geographically Wellington is small with a massive commercial rates take so infrastructure would be less than say Hamilton and Tauranga to fund - where does all the money go?! Please provide the following

- Council policy documents / directives associated with surplus revenue and what occurs when there are surpluses
- If the above is not available please provide what these surpluses were earmarked for each year
- Effectively what are the governance requirements around surpluses and where does all the money go to

Please provide any and all meeting notes, minutes, governance discussions around council having a moratorium and only spending what the rates take allows them to?

For example - like a normal household, why doesn't the council only spend what they can afford? Has this radical idea ever been discussed at executive level?

Yours faithfully,
Chris

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From: BUS: Assurance
Wellington City Council

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Tēnā koe Chris

 

Thank you for your email dated 25/06/2022 requesting information about
Wellington City Council net surpluses.

 

Our team will manage your request under the Local Government Official
Information and Meetings Act 1987 which requires us to provide a decision
as soon as possible, but no later than 22/07/2022, being 20 working days
of receipt.

 

The reference number for your request is IRC-3533.

 

Please contact us if you have any further questions.

 

Kind regards

 

The Assurance Team

Email: [1][email address]

Wellington City Council | W [2]Wellington.govt.nz | [3]Facebook|
[4]Twitter

The information contained in this email is privileged and confidential and
intended for the addressee only.
If you are not the intended recipient, you are asked to respect that
confidentiality and not disclose, copy or make use of its contents.
If received in error you are asked to destroy this email and contact the
sender immediately. Your assistance is appreciated.

 

[5]http://wellington.govt.nz/~/media/Images...

 

 

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From: BUS: Assurance
Wellington City Council

Attachment image001.jpg
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Attachment image002.png
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Attachment image003.png
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Attachment image004.jpg
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Attachment IRC 3533 Net Surplus.pdf
618K Download View as HTML

Attachment Item 1.Revenue and Finance Policy.pdf
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Kia ora Chris

 

Please see attached response to your information request.

 

Kind Regards

 

Asha Harry

Senior Advisor  |  Official Information Team | Wellington City Council
P +64 4 830 8306 | E  [1][email address] | W [2]Wellington.govt.nz |
[3]Facebook| [4]Twitter
The information contained in this email is privileged and confidential and intended
for the addressee only.
If you are not the intended recipient, you are asked to respect that confidentiality
and not disclose, copy or make use of its contents.
If received in error you are asked to destroy this email and contact the sender
immediately. Your assistance is appreciated.

[5]https://email-signature-images.s3-ap-sou...

 

 

 

 

From: BUS: Assurance <[email address]>
Sent: Monday, 27 June 2022 9:52 am
To: Chris McCashin <[FOI #19750 email]>
Cc: BUS: Assurance <[email address]>
Subject: IRC-3533 - Information request - WCC Net Surplus

 

Tēnā koe Chris

 

Thank you for your email dated 25/06/2022 requesting information about
Wellington City Council net surpluses.

 

Our team will manage your request under the Local Government Official
Information and Meetings Act 1987 which requires us to provide a decision
as soon as possible, but no later than 22/07/2022, being 20 working days
of receipt.

 

The reference number for your request is IRC-3533.

 

Please contact us if you have any further questions.

 

Kind regards

 

The Assurance Team

Email: [6][email address]

Wellington City Council | W [7]Wellington.govt.nz | [8]Facebook|
[9]Twitter

The information contained in this email is privileged and confidential and
intended for the addressee only.
If you are not the intended recipient, you are asked to respect that
confidentiality and not disclose, copy or make use of its contents.
If received in error you are asked to destroy this email and contact the
sender immediately. Your assistance is appreciated.

 

[10]http://wellington.govt.nz/~/media/Images...

 

 

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